Convert Binance USD BUSD to Voucher DOT VDOT
BUSD to VDOT: 1 Binance USD converts to 0.5062 VDOT
About BUSD and VDOT
Binance USD is falling, while Voucher DOT is climbing this week. The current BUSD to VDOT conversion rate is 0.5062. Inversely, this means that if you convert 1 VDOT you will get 1.98 BUSD. The conversion rate of BUSD/VDOT has decreased by 0.17% in the last hour (VDOT/BUSD increased by 0.17%). In the last 24 hours, BUSD/VDOT shrunk by 0.2%, while VDOT/BUSD grew by the same amount.
The exchange rate of Binance USD is increasing. The current value of 1 BUSD is 0.5062 VDOT. In other words, to buy 5 Binance USD, it would cost you 2.5311 VDOT. Inversely, 1 VDOT would allow you to trade for 1.98 BUSD while 50 VDOT would convert to 98.77 BUSD, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 26.14%. Meanwhile, in the last 24 hours, the rate has changed by 0.5%, and that the highest exchange rate of 1 BUSD to VDOT was 0.5257 VDOT and the lowest 24 hour value was 1 BUSD for 0.4951 VDOT. Last month, 1 BUSD was worth 0.6613 VDOT. Today, it's down 30.63%. Looking back a year, Binance USD has changed by 0.1964 VDOT. That means that in a single year, the value of Binance USD has grown by 61.2%.
Binance USD Market Stats
Binance USD (BUSD) is a stablecoin running on Ethereum. For stablecoins like BUSD, the company behind the protocol is responsible for holding reserves that fully back each token. The companies behind BUSD, Binance and Paxos, claim that each BUSD token is backed by and corresponds to one dollar held in traditional bank accounts. Note: Coinbase only supports BUSD on the Ethereum blockchain (ERC-20).
Voucher DOT Market Stats
vDOT (voucher DOT) is a liquid staking derivative (LSD) of staked DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appriciate the exchange price of vDOT. Why vDOT? 1. Liquid Staking The product allows users to stake DOT for liquid vToken, (vDOT). vDOT will keep receiving staking rewards and can continue to be used in Bifrost and Polkadot-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vDOT by adjusting the price of vDOT / DOT upwards. vDOT Rate = SLP Staking DOT (SUM) / vDOT Total Issuance. 3. Floating redemption period, vDOT redemption ≤ 28 days While Polkadot’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vDOT redemption by matching the real-time vDOT minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vDOT is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Conversion tables
BUSD to VDOT values from Today at 9:47 pm
0.5 BUSD = 0.2531 VDOT |
1 BUSD = 0.5062 VDOT |
5 BUSD = 2.53 VDOT |
10 BUSD = 5.06 VDOT |
50 BUSD = 25.31 VDOT |
100 BUSD = 50.62 VDOT |
500 BUSD = 253.11 VDOT |
1,000 BUSD = 506.22 VDOT |
VDOT to BUSD values from Today at 9:48 pm
0.5 VDOT = 0.9877 BUSD |
1 VDOT = 1.98 BUSD |
5 VDOT = 9.88 BUSD |
10 VDOT = 19.75 BUSD |
50 VDOT = 98.77 BUSD |
100 VDOT = 197.54 BUSD |
500 VDOT = 987.71 BUSD |
1,000 VDOT = 1,975.42 BUSD |
BUSD to VDOT over time
BUSD | Today | 24H 0.50% | 1M -30.63% | 1Y 61.20% |
|---|---|---|---|---|
0.5 BUSD | 0.2531 VDOT | 0.2519 VDOT | 0.3306 VDOT | 0.09822 VDOT |
1 BUSD | 0.5062 VDOT | 0.5037 VDOT | 0.6613 VDOT | 0.1964 VDOT |
5 BUSD | 2.53 VDOT | 2.52 VDOT | 3.31 VDOT | 0.9822 VDOT |
10 BUSD | 5.06 VDOT | 5.04 VDOT | 6.61 VDOT | 1.96 VDOT |
50 BUSD | 25.31 VDOT | 25.19 VDOT | 33.06 VDOT | 9.82 VDOT |
100 BUSD | 50.62 VDOT | 50.37 VDOT | 66.13 VDOT | 19.64 VDOT |
500 BUSD | 253.11 VDOT | 251.86 VDOT | 330.64 VDOT | 98.22 VDOT |
1,000 BUSD | 506.22 VDOT | 503.71 VDOT | 661.28 VDOT | 196.43 VDOT |
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